Metro Vancouver Hotel & Short Term Rental Market Discussion

[whatnext]

Oh dear, not the kind of publicity you'd want if you were trying to sell a unit in Firenze.

Vancouver condo complex resembles a hotel during morning Airbnb rush
Tourists had positive reviews after their stay in a downtown Vancouver strata complex where about 150 condos — roughly a third of the total — are listed on Airbnb. One resident said living there is "hell"
Author of the article: Dan Fumano
Published Oct 18, 2023

A steady stream of people rolled their suitcases out of a downtown Vancouver condo complex and into taxis on Tuesday morning.

Wearing travel neck-pillows and backpacks, carrying shopping bags and water bottles, groups of out-of-towners swapped stories about two major concerts the night before at nearby venues: Guns N’ Roses at B.C. Place and a Rogers Arena show with Wu-Tang Clan, Nas, and De La Soul sharing a bill....

....“It is a constant rotating door of Airbnbs,” she said. “It’s ridiculous.”

“It’s just crowds of people outside of here waiting to get their taxis or Ubers, everyone’s got their suitcases,” she said. “Which is fine, tourism is great. … But it’s a housing crisis. That’s what gets me.”

This strata complex, called Firenze, was the subject of a recent letter circulating both inside and outside the buildings this month. A group of residents, concerned about the explosion of short-term rentals, wrote and delivered a letter this month by mail to every owner in their strata corporation. The letter, which has since been shared outside of the strata corporation, outlines a litany of worries around the “overwhelming” volume of guests every day.

The “daily issues,” including crowds coming and going, piles of garbage left behind in the building’s common areas, and noise disturbances, “are causing turmoil for those living in Firenze,” the letter says.

One of the concerned residents behind the letter spoke to Postmedia News, on condition of anonymity out of fear of reprisal from the strata council. The owner said: “We’re living in a hotel without rules that’s absolute hell.”....(bold mine)

https://vancouversun.com/news/local-...ng-airbnb-rush